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EFCC: Top government officials involved in illicit financial flows

The Economic and Financial Crimes Commission (EFCC), has accused Nigerian leaders and top government officials of aiding the Illicit Financial Flows (IFF) activities in the country. The EFCC also revealed that corrupt government officials and their private sector collaborators used fronts and ownership structures that do not provide sufficient information about the true identities of the natural persons behind the title to hide illicit money and transferred same to safe havens abroad. The Executive Chairman of the EFCC, Mr. Abduralsheed Bawa, disclosed this during a one-day conference that was organised by the Civil Society Legislative Advocacy Centre (CSLAC) on IFF on Corruption in Arbitration in Abuja Bawa, who was represented by the Head of Research Unit, Department of Policy Research a...

Myanmar military to hold new elections after one-year state of emergency

The Myanmar military said on Monday that it will rerun the multi-party general elections after a one-year state of emergency declared earlier in the day. The Union Election Commission will be reformed and the electoral process in the parliamentary elections held in November 2020 will be reviewed in accordance with the laws, the military said in a televised statement. “After the state of emergency period, free and fair multi-party general elections will be rerun and the state power will be handed over to an elected party which meets the democratic standards,’’ it said. The statement came after the President’s Office declared a state of emergency which will last for one year in the country. The declaration of emergency, signed by First Vice President U Myint Swe, who is serving as the acting...

MTN Ghana Continues to Fight Against Regulator’s Attempts to Restrict Operations

Sourced from The Techie Guy MTN Ghana has initiated a new move in seeking a judicial review of Ghana’s National Communications Authority (NCA)’s decision to declare the telecom a Significant Market Power (SMP) in the country. MTN says that this declaration could mean significant regulatory restrictions being placed upon it by the NCA which could potentially limit the telecom’s growth in the country, as well as its performance, innovativeness and competitiveness in the global telecoms market. MTN Ghana heads to court All Africa reports that a statement issued by MTN Ghana in Accra on Friday and signed by its CEO, Selorm Adadevoh, who says that that the SMP declaration raises concerns about clear procedural breaches. /* custom css */ .tdi_3_ec2.td-a-rec-img{ text-align: left; }.tdi_3_ec2.td-...